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This term generally refers to money donated to a charity with the provision that the principle will not be spent, but the income from the principle or corpus will be used for the charity.
Thus let's say someone donates $5M to a college. The $5M is the corpus funds and that money can't be spent by the college but instead it is set asside specially. However the $400,000 a year is generated in income from the $5M can be used by the college.
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Why Provident Fund is being provided?
To help employees accumulate a corpus for their retirement
Corpus in close ended mutual funds?
Corpus of a mutual fund is defined as the sum of 1. Cash in hand + 2. Market value of its shares * no. of shares held + 3. Dividends if any
What does G or D followed after every funds name?
G stands for Growth D stands for Dividend Let us say there are two funds each with NAV Rs. 10. Assuming both collect a corpus of Rs. 10 lakhs and invest in the stock markets. At the end of the year, both funds made a decent profits and their corpus stands at Rs. 15 lakhs each. Fund A declares a dividend of Rs. 4 per unit and hence people who invested in it get some money. The NAV falls to Rs. 11 and the corpus falls to Rs. 11 lakhs. This is called a dividend and this fund A is a 'D' fund Fund B does not declare any dividend and continues to invest the Rs. 15 lakhs. This is a 'G' fund. Only when you want your money, you will get it. Until then, the money would remain with the fund house
What is an equity fund in a mutual fund?
A mutual fund which invests a minimum of 65% of its fund corpus in equity and equity related instruments is known as equity mutual fund. As in the case of other mutual funds, equity funds also carry risks as they investment in the stock market. However, they also ensure high returns. Equity funds are of different types such as Index Funds, Sector Funds, and Diversified Equity Funds.
What is an equity Mutual fund?
A MF scheme that invests at least 65% of its fund corpus into equity and equity related instruments is called an equity mutual fund. Equity funds carry the most risk among all kinds of MFs because they invest in the stock market. This risk comes with the potential of high returns.
What are some common Mutual Fund Myths?
1. A fund with a NAV of Rs. 10 is cheaper than a fund with NAV of Rs. 50 2. Funds with a Larger corpus always generate higher returns 3. Funds that regularly declare dividends are good buys 4. SIP investments are always better than Lump sum investments.
What is the name of the large bundle of axons that conect the two halves of the brain?
Corpus callosum connects the two halves of the brain.
What connects two cerebral hemispheres together?
The corpus callosum
What is minimum and maximum portion of basic salary will be duducted for provident fund and under what law?
The minimum amount is 12% of your Basic Salary There is no maximum amount. You can contribute any % of your salary into your PF corpus
What is the new ruling by sebi with respect to mutual fund nfos?
SEBI has proposed that, a Mutual Fund New Fund Offer (NFO) will be approved only if it is able to attract a minimum level of investor interest. To be specific, it will be approved only if a certain amount of minimum corpus is invested in it by the public. For Equity Oriented funds, this amount is Rs. 10 Crores. For Debt Oriented funds, this amount is Rs. 20 Crores. This essentially means that, lets say ABC MF launches a new fund "ABC Dynamic Equity Multiplier" to the public and the overall corpus to begin with is only 8.5 Crores. In such a situation, ABC MF's NFO Request will be Rejected. They have to return all the money collected by them
What are the two hemispheres of the brain connected by?
The longitudinal fissure separates the two hemispheres and the corpus callosum connects them.
Where is corpus christi?
Corpus Christi is in Texas
